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On the 13th of September 2023, The KWFT Managing Director, Mwangi Githaiga accompanied by Senior Leadership Team had the privilege of hosting 9 Members of Ugandan Parliament who were on a benchmarking and study tour of the Kenyan microfinance sector. This exchange was made possible courtesy of Association of Microfinance Institutions (AMFI).

The value of Kenya’s sectors, particularly in the realm of microfinance and women’s financial inclusion, cannot be overstated. By studying these best practices, Uganda can gain valuable insights into crafting policies and strategies that promote financial inclusion and gender equality within its own borders.

As a model institution, the KWFT MD gave a comprehensive presentation to demonstrate the Institution’s core activities and its innovative approaches to women’s financial empowerment. This highlighted KWFT’s commitment to offering accessible financial products and services tailored to the unique needs of women entrepreneurs and individuals in rural and marginalized communities in Kenya.

The delegates were impressed by KWFTs approach to sustainable finance and the presentation set the stage for insightful discussions.

KWFT’s hosting of the delegation from the Parliament of Uganda marked an important milestone in fostering knowledge-sharing and cross-border collaboration within the East African region. This exchange of ideas and experiences between Uganda and Kenya promises to lay the foundation for future advancements and collaborations in the pursuit of gender equality and financial inclusion.

Kenya Women Microfinance Bank (KWFT) staff in conjunction with Kenya Forest Service (KFS) and local community members of Kimakia united to rehabilitate a section of Kimakia forest in Murang’a County. In this re-forestation exercise 2,000 trees of different indigenous species were planted on April 27, 2023. Kimakia forest is a home to a variety of wildlife and forest species.

KWFT took part in the activity in efforts towards increasing Kenya’s forest cover which has served generations with many environmental benefits, beautiful canopies as well as a habitat for Kenya’s renowned diverse wildlife. Kenyan forests have been degraded over time, mainly emanating from human activities such as logging, charcoal burning and human settlement causing severe drought and environmental degradation. To revitalize its landscapes, Kenya has committed to increase its forest cover with 15 billion trees by 2032 to achieve 30% tree cover.

As such preservation of the environment calls for sustainable activities that protect natural resources by reducing waste, energy consumption and pollution from all stakeholders. In response to SDG 6: Affordable and Clean Energy and SDG 13 on Climate Action, KWFT has been intentional in offering eco-friendly products as well as financing for businesses whose operations are environmentally conscious.

KWFT is committed to continue contributing to the noble agenda of restoring natural resources and it was honoured to partake the exercise with Kenya Forest Service and the community of Kimakia.